Hesapstan distinguishes individual non-commercial investment from a business’s commercial use of the premises. It calculates a fixed payment from the amount or solves the amount from an affordable payment, including entered costs, effective annual cost and a full schedule.
What is a business premises loan?
A business premises loan is a commercial financing product used by business owners to purchase or renovate a shop, office, store, or similar commercial real estate — structured similarly to a mortgage. Just as a mortgage is specific to individual home purchases, a business premises loan is specific to acquiring commercial property.
The fixed installment uses an effective periodic rate including BSMV and KKDF on interest. The tax/fund profile changes with the selected individual-investment or commercial-use purpose.
How is this different from a business working-capital loan?
Hesapstan's commercial working-capital loan calculator calculates financing for a business's day-to-day operating or general cash needs. This tool instead focuses specifically on purchasing or renovating a commercial property (business premises); while the calculation method is similar, the purpose and target audience differ.
What does this tool not calculate?
- It does not provide an actual bank offer; it only provides an estimate based on the assumptions you enter.
- It does not automatically add costs such as mortgage registration fees, appraisal fees, or title deed fees; you must add these to the upfront fee field yourself.
- It does not evaluate your loan approval likelihood or credit score.
Frequently Asked Questions
How is the business premises loan installment calculated?
It uses a fixed-payment formula based on amount, monthly rate, term and the selected use’s tax/fund profile. In inverse mode, the same formula solves principal from an affordable payment.
Does this tool know current bank interest rates?
No. You enter the rate yourself; this tool does not contain a current or official bank rate.
Is a business premises loan the same as a working-capital loan?
No. A business premises loan is specifically for purchasing or renovating commercial property, while a working-capital loan is for a business's general cash or operating needs.
What should I put in the upfront fee field?
You can enter appraisal fees, mortgage registration fees, or other one-time costs requested by the bank to include them in the total cost.